Support for transatlantic trade deal TTIP has fallen sharply in Germany and the United States according to a survey published Thursday, ahead of a new round of trade negotiations which is due to resume in New York Monday.
The survey published by the Bertelsmann Foundation, showed that only 17 percent of Germans believe the trade deal is a good thing, down from 55 percent in 2014. In the U.S., 18 percent of the people questioned support the deal, compared to 53 percent in 2014. Almost half of U.S. respondents said they did not know enough about the agreement.
Many Germans fear the deal will lower standards for products, consumer protection and the labor market. Fifty-six percent of the Germans see free trade as a positive development, compared to 88 percent two years ago.
“Support for trade agreements is fading in a country that views itself as the global export champion,” Aart de Geus, Bertelsmann’s CEO, said.
YouGov questioned 2,019 people in Germany and 1,126 in the U.S. at the end of February on behalf Bertelsmann.
TTIP is expected to be on the table when U.S. President Barack Obama visits Hannover’s trade fair on Monday in Germany. German Economy Minister Sigmar Gabriel on Wednesday said that the negotiations were “frozen up” and asked whether Washington really wanted a deal.